The Canadian dollar was lower versus the U.S. currency as early gains made after a domestic jobs report beat expectations were handed back as a closer look at details of the report revealed weakness. [ID:nN10501942]

U.S. stock index futures pointed to a lower open on Friday after Chevron Corp warned about its second-quarter earnings, raising the specter of a weaker-than-expected second-half economic recovery and anemic corporate profits.[ID:nN10498725]

On Thursday the S&P/TSX composite index .GSPTSE finished up 120.47 points, or 1.25 percent, at 9,773.92.

Here is some news that could affect the market:

CANADA JOB LOSSES

Fewer Canadians lost their jobs in June than expected as hiring in services industries partially offset factory layoffs, but the unemployment rate rose to a new 11-year high as more people looked for work. [ID:nN10253705]

OIL FALLS

GOLD, BASE METALS

Gold slipped on Friday as the firmer dollar and weaker oil pressured prices, but losses were limited as physical buying curbed the metal’s slide. [ID:nLA430812] Most base metals were down. [ID:nLA447394]

Canada’s biggest engineering company, SNC-Lavalin Group Inc said on Thursday it has been awarded a contract to design, engineer and manage the construction of a new city in Algeria that will house 80,000 people.[ID:nN09475674]

Imperial Oil Ltd, which is exploring a big shale gas play in British Columbia, declined to confirm comments by its partner on initial production rates that were reported in the Wall Street Journal. [ID:nN09198862]

OECD

The economic outlook for the 30-nation OECD area improved in May and there are signs that the downturn in Canada, Britain, the United States, China and India had reached a bottom, an OECD survey said on Friday. [ID:nLA471686]